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Industry Talk

Ripple’s Legal Showdown with the SEC:

Ripple and the US Securities and Exchange Commission (SEC) are set to square off over the controversial topic of On-Demand Liquidity (ODL) sales in a legal drama that is developing and has the potential to alter the regulatory environment surrounding cryptocurrencies drastically. This crucial stage of the ongoing legal dispute is expected to test Ripple’s […]

Industry Talk

Zimbabwe plans to issue a digital currency backed by gold

The Reserve Bank of Zimbabwe plans to issue a digital currency, that is backed by gold. This move shows Zimbabwe’s commitment to the adoption of crypto and its potential to improve financial access and stability. Here are some key points: The Reserve Bank of Zimbabwe (RBZ) intends to introduce a digital currency backed by gold. […]

Industry Talk

Updated Guide: How to Hedge Against Inflation in 2023

One of the best ways to protect yourself from inflation is to invest in assets that have a better chance of keeping up with or outpacing rising prices. These include stocks, bonds, mutual funds, and Exchange Traded Funds (ETFs). Stocks are especially important because they tend to increase in value as companies expand their operations […]

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Recent Report: NASDAQ launches crypto custody services

Nasdaq plans to launch its cryptocurrency custody services by the end of the second quarter of this year. According to a recent report by Bloomberg, the services will be made available to customers on a global basis. The service is expected to provide investors with secure storage and trading of digital assets, as well as […]

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HSBC Prepares To Finally Launch Into The Crypto Market

After a long period of speculation, HSBC has finally taken steps to enter the cryptocurrency space. HSBC plans to launch its tokenization platform and will be able to offer more products and services related to cryptocurrencies. Some few key points: HSBC is actively exploring ways to tokenize assets, encouraging the efficient and secure transfer of […]

Industry Talk

UK Treasury publishes crypto regulation framework paper

The UK Treasury has recently published a paper outlining its proposed regulatory framework for cryptocurrencies. This comprehensive 80-page report delves into the difficulties associated with algorithmic stablecoins, nonfungible tokens (NFTs), and initial coin offerings (ICOs). Here are a few takeaways: The UK Treasury recently issued a consultation paper outlining their intentions to enforce regulations on trading […]

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UK regulator beams searchlight on FTX-linked charity

The UK’s financial watchdog is turning its attention to a charity linked to FTX, an electronic trading platform used by cryptocurrency traders. Below are some points to note: The Charity Commission has launched an investigation into a charity, Effective Ventures, which is connected to FTX. The Commission states in a statement that it was “concerned […]

Industry Talk

Binance to launch Crypto Card in Brazil in a short time

Binance, the world’s leading cryptocurrency exchange, recently announced it will be launching its Crypto Card in Brazil. With this card, holders can use their cryptocurrencies to make payments in stores and online. Here are a few key points: • Binance’s Crypto Card is powered by the Mastercard network and it will be accepted at more […]

Industry Talk

2022 crypto-related activities: SEC fines hit $2.6 billion

The US Securities and Exchange Commission (SEC), has announced that it has accrued more than $2.6 billion in fines and penalties; from the cryptocurrency industry throughout 2022. These fines are related to various violations of US financial regulations, including unregistered securities offerings, frauds, misappropriations, market manipulation, and other misconduct. First, the key points: The US […]

Industry Talk

The US SEC files lawsuit against Gemini and Genesis

On Thursday, the U.S. Securities and Exchange Commission declared that Genesis Global Capital LLC and Gemini Trust Company LLC. Were unlawfully selling securities to hundreds of thousands of investors through their crypto lending program – a consequential violation of federal regulations. The SEC alleges that the two companies, owned by the Winklevoss twins, Tyler and […]

Industry Talk

Crypto.com reduces workforce, cites negative economic conditions

Crypto.com, one of the world’s largest cryptocurrency companies. Has announced that it is reducing its workforce as a result of the negative economic conditions caused by the COVID-19 pandemic. The company has stated that the decision was made, to ensure financial stability and position itself for growth when markets; stabilize and recover. Today, Crypto.com Exchange’s […]

Industry Talk

DLCs on The Lightning equals Bitcoin Smart Contracts

DLCs on Lightning Open the Door for Bitcoin Smart Contracts The first successful discrete log contract was completed on the Lightning Network by introducing a new type of transaction while opening a Lightning channel. The first successful discrete log contract was completed on the Lightning Network by introducing a new type of transaction while opening […]

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